The Canadian currency moved little against its American counterpart in action on Thursday morning. The loonie held in a range against the buck with a high of 1.0568 and a low of 1.0590. On the whole, the Canadian currency is moving within the range of the past month, held after hitting a multi-year high against the greenback.
In trading against the euro on Thursday morning, the Canadian currency saw weakness as action progressed. The currency slipped to a mark of 1.4434 in the early hours and held near that mark into the mid morning action. Overall, the Canadian dollar is near a six week low against its European counterpart.
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